Category Archive: Finance, No picture
US Dollar Rally May Resume On Fed Rate Hike Bets, Risk Aversion
FUNDAMENTAL FORECAST FOR THE US DOLLAR: BULLISH US Dollar retreats as emerging markets stabilize, CPI data disappoints Durable upshift in Fed rate hike outlook likely to offer renewed support Haven-seeking demand may return on Kim/Moon meeting, Tria speech The US Dollar backtracked last week. Ebbing haven demand seemed to be main culprit as emerging market […]
Internet Content Stock Outlook: Regulations To Dull Growth
The Zacks Internet – Content Industry comprises companies with diversified end-markets. The industry includes providers of video encoding platform, personal services, Internet content & information, staffing & outsourcing services, publishing, capital markets and media-based companies. Moreover, apart from the United States, a number of companies in this industry are domiciled in the Netherlands, Israel, United Kingdom, Germany […]
S&P 500 Snapshot: A Week Of Gains After Minor Losses
The S&P 500 made gains each day of this week, ending with a weekly gain of 1.16%. The index is up 7.76% YTD. The U.S. Treasury puts the closing yield on the 10-year note at 2.99%. Here is a daily chart of the S&P 500. Today’s selling puts the volume at its 50-day moving average. […]
USDJPY Weekly Analysis – Saturday, Sept.15
USDJPY is facing 112.15 resistance. A breakthrough at this level would indicate that the uptrend from 104.63 has resumed, then a further rise towards 115.50 resistance is possible. Support is at 109.77, a breakdown below this level would confirm that the uptrend had completed at 113.17 already, then the next target would be at the […]
Trump To Announce $200 Billion In New China Tariffs As Soon As Monday
In the latest installment of the story that just won’t go away, the WSJ reported on Saturday that – as Bloomberg reported first yesterday – the Trump administration plans to announce new tariffs on up to $200 billion in Chinese goods as soon as Monday and otherwise “within days”, in a move that will likely render moot […]
Why Imports Are Crucial To GDP Growth
In recent posts, Pierre Lemieux and Scott Sumner refuted a common but mistaken idea: that because gross domestic product can be calculated by taking national expenditure data (i.e., the “C + I + G” part of the equation) and adding the value of exports while subtracting the value of imports (the “X – M” in said equation), imports reduce GDP. This […]
The Stealth Reason Why The Stock Market Keeps On Rising
The US stock market continues to rise because it is increasingly dominated by shrinking “availability & supply”, All three stock “Pools” are shrinking in a stealth & unappreciated fashion, There is an increasing potential for a “Minsky Melt-Up” based on an even stronger US dollar (i.e. An Emerging Market Flight to Safety), Expect a coming […]
State Of European Banks: The ECB View Vs Reality
The ECB would like you to believe the European banking system is sound and banks are better regulated. They aren’t. Ten years after Lehman there are numerous statements from bureaucrats, academics, media and others that banks are now better regulated, more solid and liquidity problems vanished. Reader Lars from Norway Emailed this assessment today. […]
This Week In Stocks – Saturday, Sept. 15
Our analysis of the S&P 500 (SPX) is for stocks to continue with some minor upside before the declining phase of the current market cycle begins. Our minor support zone is between 2860-2880. Yet once we hit late September, we see the potential for much higher risk, which should last through the end of the […]
GBP: Sterling Continues To Benefit From A Lack Of Bad News
by Nick Cawley , Analyst Fundamental Forecast for GBP: Bullish STERLING (GBP) TALKING POINTS: Brexit continues to dominate although hard UK data surprises to the upside. Bank of England remains cautious as talks progress. We remain bullish on Sterling going into next week after the latest jobs, wages and GDP data all came in better-than-expected this week, while a […]
